Tesla’s CEO, Elon Musk Tied With Bill Gates As Second World’s Richest Man

Elon Musk

Elon Musk’s swift climb up the rungs of the world’s richest men continues steadily.

The Tesla CEO’s net worth soared on Monday as shares of his electric automaker hit a record high, boosting his net worth to $127.9 billion, according to the Bloomberg Billionaires index, which tracks the world’s 500 wealthiest people.

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For a couple of hours that put him slightly above Bill Gates, the co-founder of Microsoft and world’s second-richest person, who was estimated to be worth $127.7 billion.

The latest readout from Bloomberg has the men tied on $128 billion each.

Elon Musk’s fortunes are directly linked to those of Tesla. His biggest asset is the company’s stock, of which he last owned about 20%, according to Bloomberg.

Yinka Akanbi

Yinka is an aesthete and a cosmopolite.